Full Press Release Details
AVRA Medical Robotics, Inc. (OTC: AVMR)
Becomes Current in its SEC Filing Status
ORLANDO, FL - December 1, 2022 - AVRA
Medical Robotics, Inc. ("AVRA" or "the Company") (OTC: AVMR) today announced that as of November 30, 2022, it
has filed all required periodic reports with the Securities and Exchange Commission and accordingly is current in its filing SEC status.
The Company is progressing to consummation of its
acquisition by merger of CardioVentures, Inc, as previously reported in its Current Report on Form 8-K filed with the SEC on November
7, 2022. CardioVentures holds an indirect controlling interest in Sudhir Srivastava Innovations Pvt. Ltd., an Indian private limited company
("SSI - India"). Based in Haryana, India. SSI-India is engaged in the development, commercialization, manufacturing
and sale of medical and surgical robotic systems utilizing patents, trademarks and other intellectual property held by Dr. Sudhir Srivastava
(the "SSI Intellectual Property").
Upon consummation of the merger, the Company (which
will change its name to SS Innovations International, Inc.), will acquire an indirect controlling interest in SSI India and ownership
of the SSI Intellectual Property and Dr. Srivastava will become the Company's controlling shareholder.
About AVRA Medical Robotics
AVRA Medical Robotics, Inc., (OTC: AVMR) is a medical
software and artificial intelligence company building a fully autonomous medical robotic system combining artificial intelligence, machine
learning and proprietary software.
It is empowering doctors and the practice of surgery
through the use of software and artificial intelligence.
AVRA is concentrating its research and development
efforts to meet the rising expectations of patients and practitioners for the precision, efficiencies and safety offered by robotics,
artificial intelligence and proprietary software when combined with proven medical devices and surgical instruments.
AVRA's current focus is developing a treatment-independent
precision guidance system, applicable to a variety of minimally and non-invasive procedures, to leverage the growing demand for practical
medical robotic devices, with an initial focus on skin resurfacing aesthetic procedures.
For more information visit AVRA's website at
Forward Looking Statements
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relate to future events or AVRA's future financial performance and involve known and unknown risks, uncertainties and other factors
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levels of activity, performance or achievements expressed or implied by these forward-looking statements.